eBook

Taussig Technologies Corporation $($TTC$)$ has been growing at a rate of $12\%$ per year in recent years. This same growth rate is expected to last for another $2$ years, then decline to gn $=8\%.$

If D$0=$ $$1\mathrm{.}30$ and rs $=10\%,$ what is TTC$\text{'}$s stock worth today? Do not round intermediate calculations. Round your answer to the nearest cent.

$

What is its expected dividend yield at this time, that is$,$ during Year $1?$ Do not round intermediate calculations. Round your answer to two decimal places.

$\%$

What is its capital gains yields at this time, that is$,$ during Year $1?$ Do not round intermediate calculations. Round your answer to two decimal places.

$\%$